CEVA Company profile
About CEVA, Inc.
CEVA, Inc. (CEVA) is a licensor of wireless connectivity and smart sensing technologies. The Company offer digital signal processors (DSP), artificial intelligence (AI) processors, wireless platforms and complementary software for sensor fusion, image enhancement, computer vision, voice input and AI. It partners with semiconductor companies and original equipment manufacturers (OEM's) to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, robotics, industrial and Internet of things (IoT). Its portfolio includes a range of application software optimized for its processors, including voice front-end processing and speech recognition, imaging and computer vision and sensor fusion. Its smart sensing portfolio includes technologies for cameras, microphones, sensor hubs and inertial measurement units (IMU). Its connectivity portfolio includes mobile broadband platforms.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, CEVA, Inc. revenues increased 22% to $122.7M. Net income totaled $396K vs. loss of $2.4M. Revenues reflect Smart sensing products segment increase of 54% to $33.3M, Connectivity products (Bluetooth, Wi-Fi) segment increase of 14% to $89.4M, Asia segment increase of 32% to $89.1M, United States segment increase of 28% to $26.7M. Net Income reflects Interest Income increase of 28% to $3.6M (income).
Equity composition
Common Stock $.001 Par, 03/11, 60M auth., 22,801,028 issd. Insiders control: 1.52%. 10/31/02, Company formed through the merger of Parthus Technologies with the CEVA Division of DSP Group, Inc. Basis: .015141 PCVA for each Parthus ADS, and 1 PCVA per every 3 DSP Group shares.